1 Mount Barker Road, Mount Barker WA 6324
Contact the agent
@realty
Two-for-One PLUS Development Ready
NEW PRICE!
It’s unusual to find a 765m2 commercial block right in town. What’s actually on offer is two normal-sized commercial blocks amalgamated, creating an ideal opportunity for multiple uses. The shape of the amalgamated block is roughly 20 m front/back with almost 40 m sides. (See pics for more exact sizes)
It’s also unusual to have all services already connected - including power, water and sewerage – ensuring that it’s development-ready, subject to the usual Shire approvals of course.
If you’ve been looking for a decent-sized and shaped commercial block for your own business - or potentially to develop/keep as an investment, then please do your research on this block, it ticks most of the boxes, including very convenient bitumen parking right in front.
It’s situated one street up from the main street, Lowood Road, with established businesses all around. Currently, you have Bankwest to the right, an op shop to the left, a garden centre and art shop opposite, coffee- and fish & chips shops within close proximity, etc
Lot 250 is situated on a busy tourist road leading to Mt Barker Hill and the Mt Barker Tower which reaches 404m above sea level with a 168m high television tower - the tallest free-standing tower in the southern hemisphere. Stunning views extend north to the Stirling Range and east to the Porongurup Range while an elevated lookout offers views south to Albany and southwest toward Denmark.
The double size and position of the land offer an immense variety of potential uses. Whether you build shops and office spaces with living quarters above, set up a container storage business or develop it to your own needs – the choices are endless.
I believe it's a misconception that only wealthy investors can afford commercial properties but in truth, the primary benefit of commercial property investment is that it could potentially provide higher returns than many residential investments, mostly due to the following factors:
• Simpler (and often cheaper) buildings compared to residential properties
• Mostly higher yields than a residential property, which equals more potential for a positive cash flow
• Leases are usually longer and could provide rental income stability
• The tenant of the commercial property generally incurs the cost of maintenance and repairs expenses, so in most cases, commercial property owners generate a higher rental income, which means that they are more likely to deliver a positive cash flow
• Commercial property tenants are also responsible for paying expenses such as rates and taxes as well as insurance whereas residential property tenants aren’t
• The majority of commercial property lease agreements contain a fixed rental increase clause, and generally the increases are higher than inflation
• Positive tax benefits in depreciation tax deductions
Mt Barker, named after the nearby hill, is the administrative centre of the Shire of Plantagenet. The area has been described as “the birthplace of the Great Southern wine region” and has won numerous awards for a variety of wines.
The magnificent Stirling Range National Park (approximately 40 km to the northeast) - is perceived to be between 2500 – 2900 million years old, while the Porongurup Range (a mere 15-minute drive east) is deemed one of the oldest mountain ranges in the world, formed by the collision of Australia and Antarctica over 1.2 billion years ago. These, together with the local premium wine industry, have contributed immensely to the growth of tourism and population growth in and around Mount Barker. It’s also home to many local artists who can proudly display their work and appreciation for the area’s immense natural beauty at the public art gallery.
Mt Barker is conveniently situated on Albany Highway, 364 km from Perth, only 50 km from Albany and 55 km from Denmark, and has a popular independent school that includes both primary and secondary, a TAFE college, a hospital and a medical centre.
Judging by the continuously rising Albany and Denmark property prices and the influx of both visitors and new residents due to the affordability (for now) of properties in the Mt Barker area, its convenient proximity to these towns and the incredible history and beauty of the area - you probably don’t need a crystal ball to see what the future holds.
Please do your own research as soon as possible; it's a golden opportunity for any investor.
Property features
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Land area
765m2
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Includes GST
Yes